RE:RE:Coro Mining Provides an Update on its SCM Berta Operation inCheck the website it's all on there.
https://www.coromining.com/projects/production/scm-berta-operation/
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- Reprocessing of Nora spent ore stockpiles for anticipated production of approximately 30 tonnes per month (66,140 lbs) of copper cathode for roughly 12 months
- Base Case copper price of $2.80/lb
- Average life of mine cash operating costs of $1.59/lb Cu
- Phase 1 capital costs of US$7.2m, Phase 2 capital costs of US$12.6m with total Life-of-Mine capital costs of US$23.0m (including closure costs and sustaining Capital)
- Base Case pre-tax NPV (8%) of US$46.4m with an IRR of 83%.
- Base Case after tax NPV (8%) of US$35.2m with an IRR of 75%.
- Sensitivity to copper price